⚡ I really like what Dog Brother @ JiamigouCn said: There are only two types of stablecoins - those on Pendle and those not on Pendle. After @ FalconTable announced the pre-sale of BudlPad, this sentence was fully reflected: @YT-sUSDf with 12 days remaining on pendle_fi has become a divine mine, and its profits have been skyrocketed! Before the official announcement, the implied cost of 1M Falcon points was approximately 5.5U. If you buy 1000U YT s USDf at around 9% of the Implied APY, you can earn approximately 143M points upon expiration; After the official announcement, the valuation of 1M points was raised to 12-25U, and just the points could be redeemed for 3000U, resulting in a three to four fold increase in profits. Moreover, the underlying interest has been running, and early players were essentially freelancing, with completely zero costs! Think carefully, why did this opportunity arise? I think besides Falcon's own DWF incubation and WLFI investment, which have a relatively hard project narrative, the key lies in Pendle's mechanism—— one ️⃣ Short term leverage amplification: The short term YT on Pendle is extremely sensitive to interest rate fluctuations, and the leverage returns will be quickly amplified when the news hits. two ️⃣ Expected difference monetization: The value of points is priced in real-time in Pendle, and no one gave Falcon such a high valuation before the announcement. The cost of points has always been low; As soon as the clear news of TGE came out, the market quickly replenished its valuation and early chips were raised. The value of Pendle is here. With the same fund, you can eat all the air drops with interest+points. This wave of people who buy YT can be regarded as win thoroughly! Don't worry if you miss it, there are quite a few good pools on Pendle. If you want to find the next YT mine, you can focus on three signals—— Looking at the timeline: TGE/pre-sale/major cooperation nodes, short-term YT is the easiest to amplify the leverage of points. Looking at the cost line: For example, when the cost of 1M points is less than 10U and the external valuation of the project is greater than 20U, it is the optimal range of risk return. Looking at liquidity: When the new pool is just opened and the trading depth is not enough, those who enter early will enjoy pure dividends. Reminder: Recently, Pendle has had many pools that are about to expire, and many new pools continue to be added, all of which are worth paying attention to https://(x.com)/pendle_fi/status/1966055087371129099 When the new pool goes online and funds change positions, it is a good opportunity to ambush gold mines, making it easier to get the first bite of liquidity! PENDLE @tn_pendle